Pan American Silver Corp (PAAS): Uncovering A True Diamond In The Rough

Pan American Silver Corp (NYSE:PAAS) currently has a daily average trading volume of 3.46M but it saw 4395680 shares traded in last market. With a market cap of 9.27B USD, the company’s current market price of $25.55 came falling about -1.16 while comparing to the previous closing price of $25.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.05 and as low as $12.16. In the recent trading on the day, stock has struck highest price mark of $25.03 while lowest mark touched by it was $25.65.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Hold” in its note to investors issued on February 29, 2024, recommending a price target of $14 for it. RBC Capital Mkts issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $19 and $22.

Over the week, PAAS’s stock price is moving 16.08% up while it is 15.09% when we observe its performance for the past one month. Year-to-date it is 56.46% up and over the past year, the stock is showing an upside performance of 68.20%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.01 beaten by the consensus estimate of 0.11 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.28 while estimate for next year EPS is 0.9. In next quarter, company is expected to be making quarterly sales of $1.03B as analysts are expecting the sales for current fiscal year at $3.82B and seeing the company making $4.13B in sales next year. Moreover, analysts are in estimates of $1B for current-quarter revenue.

Currently, Pan American Silver Corp’s total number of outstanding shares is 364.66M. Company’s return on investment (ROI) stands at -2.35% and return on equity (ROE) at -2.65%. It has a 16.18 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 2.01 while price to sale or P/S ratio amounts to 3.60. Its return on asset (ROA) is -1.58% on average.